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danielwilkinson

Market Wizard
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Everything posted by danielwilkinson

  1. $GILD Bears, you will win today but if it's EOD price @ $85 or higher, we could see $92 @ the EOW thanks 2 Fed Reserve not raising rates.
  2. China 3x Bull ETF (YINN) had a big run recently but is pulling back. YINN will now have resistance located at $16.30 going forward.
  3. Small Cap Bull 3x (TNA) has rallied over $20 in the last 3 weeks. Continue to expect big moves in 2016 and beyond. TNA remains the best trading stock in the market right now. This is the second time I predicted a move from the $50's to my $70 price target. This is also why all major dips for the rest of 2016 are a strong buy.
  4. Qualcomm (QCOM +1.23%) jumped nearly 7% in after-hours trading after it reported Q3 adjusted EPS of $1.16, well above consensus of 97 cents.
  5. Intel (INTC +1.54%) lost 3% in pre-market trading after it reported Q2 adjusted EPS of 59 cents, higher than consensus of 54 cents, but said it remains cautious on the PC market and forecasts a high-single-digit PC market contraction in 2016.
  6. United Continental (UAL) reported better than expected second quarter adjusted earnings per share and its board authorized an additional $2 billion stock buyback program. For the third quarter, the company forecasts a 5.5-7.5 percent drop in consolidated revenue per available seat mile.
  7. Microsoft (MSFT) reported better than expected fourth quarter adjusted earnings and revenues, with strong cloud business supporting growth.
  8. $GM Back above the 200-day MA but getting somewhat overbought. Gap at $34 that could close.
  9. $NFLX I don't own any now but as soon as this looks bullish I'll consider swinging back to $93-$95. What nice gap up potential we have now.
  10. KeyCorp. (KEY) announced it has received regulatory approval from the Federal Reserve for completing its previously announced acquisition of First Niagara Financial Group (FNFG). The merger is expected to be completed on or about August 1st, 2016.
  11. Bank of America (BAC) reported better than expected second quarter results. Hasbro (HAS) also reported above-consensus results for its second quarter. Ryder ® announced a 3 cents per share increase in its cash dividend to 44 cents per share.
  12. $F Thinking this will drop a bit more top of week, but bullish overall. It's gearing toward being undervalued, will add more when it drops.
  13. $SPY Earnings scam should pump price to 2200 because everything is so great. Keep buying.
  14. Yum! Brands (YUM -0.57%) climbed over 3% in pre-market trading after it reported Q2 adjusted EPS of 75 cents, better than consensus of 74 cents, and then forecast operating profit growth this year up "at least" 14%, higher than an April view of up 12%.
  15. Cree (CREE) announced an agreement to sell its Wolfspeed Power and RF division to Infineon Technologies (IFX) for $850 million in cash. The company also announced preliminary fourth quarter results, expecting revenues at the upper end of its target range of $388 million, which is ahead of the consensus estimate. Omnicom (OMC) reported better than expected second quarter results.
  16. Darden Restaurants (DRI +0.29%) was downgraded to 'Market Perform' from 'Outperform' at Wells Fargo Securities. Fastenal (FAST -3.46%) was downgraded to 'Hold' from 'Buy' at Edward Jones.
  17. Bank of America (BAC +2.50%) was rated a new 'Buy' at Berenberg with a price target of $15. Whiting Petroleum (WLL +12.53%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse.
  18. Tesla (TSLA +3.69%) fell -1% in after-hours trading on continued concern about the WSJ report that the SEC is considering whether Tesla failed to report a recent crash as a material event.
  19. Astec Industries (ASTE +1.36%) was downgraded to 'Hold' from 'Buy' at BB&T Capital Markets. Fastenal (FAST +0.29%) reported Q2 EPS of 45 cents, below consensus of 48 cents.
  20. Network-1 Technologies (NTIP +2.55%) jumped 17% in after-hours trading after its subsidiary, Mirror World Technologies, agreed to settled its patent litigation against Apple. NTIP will receive $25 million from Apple for the settlement.
  21. A U.S. Court of Appeals in San Francisco said that Monster Beverage (MNST +0.24%) can be sued over false advertising claims related to the caffeine content of its drinks.
  22. $TSLA anyday now one big institutional investor will bail, why would they want to hold here with all the negative news & global uncertainty
  23. $VRX the hardest trades to stay in is a winning trade. Many investors lost money while many cut their gains early. It was a real win yesterday!
  24. $X though the chart looked great before the option trade hype yesterday's bearish harami is a cause of concern but could be buying opportunity
  25. $TWTR 3-weeks of positive reaction isn’t a joke Any dip will be a buying opportunity. If you missed recent bullish resurgence, another is coming.
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